Member Info for Paul0410

Wyndrum - where are your charts showing the next resistance? Or is this unknown territory even for you and your crystal ball! I'm holding on a significant loss in the belief that this will come good on news through 22 and into 23. If the SP was still £2+ today I wouldn't be selling up and putting my money elsewhere as the journey hasn't run it's course . The share price is transient and unless you need the money now why worry. Shareholder psychology is the problem at the moment. And of course your charts are driven by pyschology.

Not quite game over - option to invest in the high street catering/restaurant business is presumably still on the table. And failing that any remaining capital to be returned to investors pro-rata share holding - whatever there is left if/when they reach the complete end of the road. Legal obligations still to be fulfilled. As the message says - keep an eye on the website for any updates. Expect nothing and you might be happily surprised at some stage!

Wyndrum says "So put away in the draw and forget for a while I think" - cmon please - you'll still be on here undermining it every day !!

A free lunch and one of those Avacta mugs maybe (and yes by that I mean the cups not us poor investors!!). Has anyone on here got much experience of these II events (across the board not just Avacta)? Does news usually manage to leak out to us mere mortals through any channels as to what has/hasn't been disclosed and/or what interest has/hasn't been garnered? I guess the risk is that you get the usual players on these boards announcing leaked news either positive or negative to suit their own agenda?

Melville - I appreciate your points and understand your viewpoint. However, as I've expressed in an earlier post, my disappointment lies in the fact that AS was very selective in what he disclosed in the Dec RNS. Given the number of actual working days between then and now he would surely have known that they were performing further analysis of the test performance against lower virus loads. I expect that he would also have known at that time what level of load would be present in your average infected person. To my mind there should have been clarity regarding this in the Dec RNS rather than leaving investors to assume what the definition of "high load", how that related to efficacy of the test in the real world and what, if any, further analysis was going on. The final outcome (i.e where we're at today) would have been no different either way as the facts are the facts. I'm struggling to understand why more information wasn't provided in Dec or why the RNS wasn't delayed until all of the analysis had bee completed.

Marik - the process that you describe as having taken place after 15th Dec RNS is precisely what I am saying should have been explained/included in the Dec RNS. They clearly knew that is what they were going to have to do at that stage so why not communicate it. The end position now would be no different as the facts are the facts. But you're left with a nasty taste in your mouth about what you're not being told (that will come out eventually) and why you're not being told it.

Tyche - I understand the point that is being made about honesty /morals in today's announcement. But as I have stated below, why didn't AS refer to the distinction between high and lower viral loads in 15th Dec RNS and that further testing (against lower loads) was required/being performed with further news to follow? IMHO this is an example of where he fails - naivety or poor attempt at short-term news management for reasons we can only speculate.

That was partly the point of my last post - a lack of clarity leads to speculation and when history shows that lack of clarity has usually encouraged positive sentiment which has then become negative reality, your fears about AVK6 become the natural reaction. Credibility is lost for what is essentially a very short-term attempt at managing the share price. Chickens come home to roost.

I agree about the potential positives on other fronts and I'm keeping my investment here. However, as others have pointed out I think that there is an issue about trust and honesty from the company. Given that the last two RNS' were less than a month apart (and an even lower number of working days apart given Christmas etc), the December RNS could surely have said something to the effect that the test works with high viral loads and we are now testing it for accuracy on lower loads, as should all other producers etc. And what did they class as high load in the first place and how realistic was that level of load going to be in the infected population? That kind of lack of transparency and disclosure could well mean that there is an under reaction to any future positive news (because of lost credibility) in the same way that you are saying that the market has over-reacted to this news. It's almost like taking people for fools. And when AS is saying that a modified test will be released as soon as possible, many investors have no confidence in that being any time soon because of slipped deadlines in the past. If there was one thing that AS could do far far better it's improving the clarity of information. I have little sympathy with the argument that he's now conscious of giving deadlines (on the production of this revised test for example) because of criticims of his previous timescales being missed. That's simply a cop-out as it's his and his management team's job to assess realistic deadlines and then ensure that they are as far as possible adhered to.

Can anyone advise what is likely to happen via broker after delisting in terms of retaining proof of share ownership for the future investment? Presumably evidence of contract note from purchase with the broker and then keep an eye on the RDGC website for further updates?

Wyndrum - the answer is wait until the next update. If things are as poor as you repeatedly infer then the company can't hide away from the issue forever. Until then your speculation is as worthless as anyone else's. As for the current share price, it's merely a snap shot in time if you view this in terms of a longer term investment. If of course you trade the share on a day to day basis you'll have every incentive to moan and undermine to suit your current position I guess?

Surpassed only by his apparent hatred of Smith!

Jonesrichard - you spew the same ultra rampy, unfounded nonsense on every share that I’ve seen you appear on. When I see your name appear on a board I usually see it as a warning sign to sell up!

Yes, it's difficult to make any investment decision when a key piece of information has been witheld by the comapny. I guess it's possible that there is a confidentiality clause regarding the % but could such an agreement extend to non-disclosure to shareholders? Shouldn't the % be required to be included in an RNS given that it could/would have a material impact on investment decisions and by definition share price too? Enyo are certainly big hitters but they may also come with a hefty % take as a result of that. It could also be the case that Enyo are yet to complete their due diligence of the claim. I would hazard a guess that if they do sign up there will be a rise in the share price prior to RNS when mates in the City are given the nod as to it's potential success or otherwise. Looking at Enyo's track record they don't appear to lose many. As was previously the case with Ascent last time around, the secret looks to be to buy into the rising speculation of legal proceedings (if it happens) rather than banking on a successful conclusion and a huge payout at the end of it.

Very good point Kenj about Enyo not yet having signed off. Does anyone know what the condition precedents are likely to be and whether they might yet scupper the agreement with Enyo as opposed to being more of a formality? Could Enyo possibly be seeking financial indemnity from a third party given that the RNS says these conditions are not Ascent dependent? Am I correct in recalling that a previous no-fee type agreement fell through in similar fashion? I'm very tempted to buy back in solely on the possibility of a Slovenian settlement but have been bitten here before and I fear that PIs may be sold short again even if a settlement is achieved.

Well the Royal Marsden and the Christie recruitment - two world renowned cancer centres - bursts your "most hospitals not interested at all" bubble a bit doesn't it Ray??!

Ndn - why the silly language i.e. "before mouthing off". Childish comment which betrays an irrationality about your observations and a strong dislike of AS for whatever reason? If he'd not referred to AVA6000 at all I'm sure you'd have used that to cast doubt on its progress and if anyone had then quoted 3*3 at you, you'd have employed the reverse logic?

Rolly - if you think he’s a lier, what changes at sub £1? And following that same logic, do you immediately sell post £1???!!!

Jonesrichard - no trolling at all poor or otherwise. I remember your efforts on CTEA which were almost identical to your vague ramblings that have suddenly appeared on here. Your posts will still be on there if anyone cares to look into your history as well as the rise and subsequent fall of SP and your immediate disappearance. If you are a genuine investor with confidence in the company why not just let the fundamentals speak for themselves - no more no less. Or at least support your fanciful predictions with some logic. I for one don't want to see MOS rise and burn as was the case a few months ago. I would rather see sustained progression.

City - you're quite right to call out those who over-ramp on here. A steady sustainable rise is what is preferred. I've been a holder here for almost a year so have experienced the previous ups and downs. I also get concerned when jonesrichard suddenly appears on any BB as I've seen his activities elsewhere. His raison d'etre is to over-ramp a share without any basis to his posts and then miraculously disappears when the price crashes back down. Hopefully the fundamentals of MOS will speak for themselves in terms of a sustained rise in share price but beware jonesrichard (and anyone other posters who suddenly appear to piggy back with him) as he is very much part of a private agenda.